Virtu Financial, Inc. (VIRT): Venu Palaparthi , SVP, Comp Reg & Gov Affairs of Virtu Financial, Inc. purchased 2,000 shares on May 20, 2016. The Insider buying transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were purchased at $17.36 per share for a total value of $34,729.80 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 18, 2015, Joseph Osnoss (director) sold 6,075,837 shares at $21.65 per share price.On Nov 18, 2015, Michael J Bingle (director) sold 6,075,837 shares at $21.65 per share price.Also, On Aug 7, 2015, Vincent J Viola (Executive Chairman) purchased 200,000 shares at $20.66 per share price.On Apr 21, 2015, John P. Abizaid (director) purchased 5,500 shares at $19.00 per share price.
Virtu Financial Inc: On Friday, May 20, 2016 heightened volatility was witnessed in Virtu Financial Inc which led to swings in the share price. The shares opened for trading at $17.2 and hit $17.51 on the upside , eventually ending the session at $17.4, with a gain of 1.22% or 0.21 points. The heightened volatility saw the trading volume jump to 3,36,485 shares. The 52-week high of the share price is $25.72 and the company has a market cap of $665,306 M . The 52-week low of the share price is at $17.
Virtu Financial Inc. is a financial holding company. The Company is a technology-enabled market maker and liquidity provider to the financial markets. The Company is engaged in buying and selling securities and other financial instruments. The Company provides liquidity and competitive pricing in foreign currency markets directly to market participants on its own trading platform called VFX and through other customized liquidity arrangements. The Company has developed a multi-asset multi-currency technology platform that integrates with exchanges and other trading venues through customized infrastructure to provide continuous bid and offer quotations on assets traded electronically around the world. Its platform generates and disseminates continuous bid and offer quotes on over 11000 tradable listed products.